Use a Qualified Longevity Annuity Contract

Are you one of the boomer generation and find that your required minimum distributions (RMDs) from qualified plans and IRAs are providing unneeded income (along with a high tax bill)?   Are you also afraid that the government’s RMD requirements will leave too little in your retirement plan for your later years?   You can use a qualified longevity annuity contract (QLAC) to reduce your RMDs and extend the life of your retirement distributions.  (more…)